AN EVENT aimed at encouraging more people in Coventry to invest in local start-ups by explaining the pros and cons of private equity is to be staged next week.

Beer & Partners, the nationwide business angel network, is staging a seminar at the Ricoh Arena on Thursday, October 16, from 4pm to 5.30pm.

The event is being cohosted by Barclays Wealth Management, MGBA (Midland Group Business Advisors) and Advantage West Midlands.

Tim Walker, Kenilworthbased associate of Beer & Partners, said: "At a time when the global financial markets are suffering a major downturn, this is a great opportunity to find out more about private sector investing from both the company and investor point of view."